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Italy: Grana Padano - Prices and Production

On this page, you will find:
The Grana Padano's price lines could be explained by the following :
  • seasonal fluctuation of production;
  • the seasonal demand (stronger in winter) and the cheese conservation;
  • export volumes;
  • the new entry on the domestic and international markets of counterfeits or similar products at low prices.

Grana Padano - Aged. 15 months
Wholesale price  (€/kg)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 7,58 8,15 7,35 -2,00% -9,82%
February 7,58 8,14 7,18 -2,30% -11,75%
March 7,56 7,98 7,08 -1,48% -11,29%
April 7,48 7,75 7,11 +0,47% -8,28%
May 7,40 7,68 7,20 +1,29% -6,19%
June 7,33 7,78 7,23 +0,35% -7,07%
July 7,33 7,83 7,18 -0,69% -8,31%
August 7,35 7,83  
September 7,40 7,83  
October 7,54 7,76  
November 7,78 7,60  
December 8,09 7,50  
Average 7,53 7,82 7,19
Variazione¹ % +1,80% +3,77% -8,99%
Last Update:23-07-2018
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Grana Padano - Aged 9 months
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 7,20 6,35 7,73 +7,29% +21,65%
February 7,19 6,20 7,88 +1,94% +27,02%
March 7,03 6,10 7,95 +0,95% +30,33%
April 6,80 6,13 7,95 0,00% +29,62%
May 6,68 6,23 7,95 0,00% +27,71%
June 6,73 6,25 7,98 +0,31% +27,60%
July 6,78 6,18 8,00 +0,31% +29,45%
August 6,78 6,15 8,00 0,00% +30,08%
September 6,78 6,27  
October 6,71 6,53  
November 6,55 6,81  
December 6,46 7,20  
Average 6,80 6,37 7,93
Variazione¹ % +4,64% -6,44% +27,90%
Last Update:05-08-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Grana Padano - Aged 60-90 days (out of salt)
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 7,20 6,35 7,73 +7,29% +21,65%
February 7,19 6,20 7,88 +1,94% +27,02%
March 7,03 6,10 7,95 +0,95% +30,33%
April 6,80 6,13 7,95 0,00% +29,62%
May 6,68 6,23 7,95 0,00% +27,71%
June 6,73 6,25 7,98 +0,31% +27,60%
July 6,78 6,18 8,00 +0,31% +29,45%
August 6,78 6,15 8,00 0,00% +30,08%
September 6,78 6,27  
October 6,71 6,53  
November 6,55 6,81  
December 6,46 7,20  
Average 6,80 6,37 7,93
Variazione¹ % +4,64% -6,44% +27,90%
Last Update:05-08-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
Production of Grana Padano
Number of wheels  
Month 2004 2009 2014 2015 2016 2017 2018 2019 ± % on
2018
± % on
2017
January 363.220 396.216 442.836 437.554 448.038 456.414 472.837 468.126 -1,0% +2,6%
February 362.550 382.400 424.681 411.566 442.728 436.994 449.592 446.582 -0,7% +2,2%
March 400.027 437.691 486.481 466.983 489.840 497.055 507.704 504.197 -0,7% +1,4%
April 392.514 422.874 476.647 457.479 477.127 480.821 490.366 496.110 +1,2% +3,2%
May 390.313 411.792 469.681 454.580 460.722 467.900 475.934 493.998 +3,8% +5,6%
June 349.844 376.333 426.387 421.671 418.839 401.923 404.540 442.645 +9,4% +10,1%
July 313.550 341.872 384.725 352.261 351.729 337.548 353.587 365.416 +3,3% +8,3%
August 286.698 297.247 352.623 337.571 342.758 327.334 297.321
September 283.049 242.439 304.088 318.708 291.253 312.765 287.673
October 316.089 264.384 325.273 356.222 337.888 370.542 363.449
November 324.260 294.923 337.543 364.647 360.643 380.751 373.933
December 365.148 359.749 409.054 422.687 438.027 472.007 456.060
Jan-Jul 2.572.018 2.769.178 3.111.438 3.002.094 3.089.023 3.078.655 3.154.560 3.217.074
% y-o-y ¹ +11,8% +7,7% +12,4% -3,5% +2,9% -0,3% +2,5% +2,0%
Total Year 4.147.262 4.227.920 4.840.019 4.801.929 4.859.592 4.942.054 4.932.996
% y-o-y ¹ +10,9% +1,9% +14,5% -0,8% +1,2% +1,7% -0,2%
Last Update: 01-08-2019
1) change from the same period of previous year , except for years 2004, 2009, 2014, where the change is from the same period 5 years ago
**: Adjusted for months of 30 days (Ex. The calculation of the production change of June compared to May is obtained by considering [June production] compared to [May production : 31 x 30])
Source: Consorzio per la tutela del Grana Padano
  = Min Production in the last 5 years
  = Max Production in the last 5 years